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Blog: IdeasConnect
http://blogs.reuters.com/felix-salmon/2010/06/30/why-banks-are-self-defeating-on-housing/ "But, alas, not. Banks are also bureaucracies; Weber is as relevant as Friedman. Speeding this process would involve massive hiring. Since there aren’t enough qualified people – short-sales used to be comparatively uncommon – that means that there will be a substantial lag as staff is trained. Moreover, banks... Continue »